The Boston Business Journal recently published an opinion column written by Matthew Gardner, managing partner at Sustainserv, in cooperation with Zoe Reich, vice president and ESG advisory lead for the Northeast Region at commercial real estate firm JLL.
A 2019 greenhouse gas inventory for Boston, MA, showed that 51% of emissions are generated from commercial and industrial buildings, with another 19% from small residential buildings. This data indicates that a focus on real estate will net the greatest reduction in emissions for the city. “If the real estate industry is to decarbonize, a complete shift in how buildings are operated and managed is required,” the article states, pointing to the projected costs of decarbonization and the need to involve commercial real estate companies and corporations with large energy-intensive campuses in the conversation.
Read the full article at Boston Business Journal here.